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What is the primary goal of the India Australia Rapid Innovation and Startup Expansion (RISE) accelerator program?
  • a)
    Support businesses in creating innovative technologies
  • b)
    Facilitate international collaborations in the Agritech field
  • c)
    Provide financial support to startups and small businesses
  • d)
    Focus on developing sustainable farming practices
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
What is the primary goal of the India Australia Rapid Innovation and S...
The primary goal of the India Australia Rapid Innovation and Startup Expansion (RISE) accelerator program is to facilitate international collaborations in the Agritech field between Indian and Australian startups and small businesses. This program aims to help businesses grow internationally and work together to enhance farming methods and resilience in the face of challenges like climate change and limited resources.
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What is the primary goal of the India Australia Rapid Innovation and S...
Overview of the RISE Accelerator Program
The India Australia Rapid Innovation and Startup Expansion (RISE) accelerator program is designed to foster international collaboration, particularly in the Agritech sector. This initiative brings together innovative minds from both countries to address pressing agricultural challenges.
Primary Goal: Facilitate International Collaborations
- Collaboration Focus: The program aims to build partnerships between Indian and Australian startups, enabling them to share knowledge, technology, and best practices.
- Agritech Emphasis: By specifically targeting the Agritech field, RISE seeks to harness the unique strengths and expertise of both countries in agricultural innovation and technology.
Strengthening Ecosystems
- Shared Resources: Startups gain access to a wealth of resources, including mentorship from industry experts, networking opportunities, and access to research institutions.
- Market Access: Participants in the program can explore new markets, leveraging Australia’s advanced agricultural practices and India’s burgeoning startup ecosystem.
Building Sustainable Solutions
- Sustainability Goals: By focusing on Agritech, RISE not only promotes innovation but also addresses sustainability in farming practices, which is crucial in today's world.
- Long-term Impact: Collaborating on sustainable agricultural technologies helps ensure food security and environmental health for future generations.
In summary, the RISE accelerator program's primary goal is to facilitate international collaborations in the Agritech field, creating a dynamic environment for innovation and sustainable development.
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What is the primary goal of the India Australia Rapid Innovation and Startup Expansion (RISE) accelerator program?a)Support businesses in creating innovative technologiesb)Facilitate international collaborations in the Agritech fieldc)Provide financial support to startups and small businessesd)Focus on developing sustainable farming practicesCorrect answer is option 'B'. Can you explain this answer? for CLAT 2025 is part of CLAT preparation. The Question and answers have been prepared according to the CLAT exam syllabus. Information about What is the primary goal of the India Australia Rapid Innovation and Startup Expansion (RISE) accelerator program?a)Support businesses in creating innovative technologiesb)Facilitate international collaborations in the Agritech fieldc)Provide financial support to startups and small businessesd)Focus on developing sustainable farming practicesCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for CLAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the primary goal of the India Australia Rapid Innovation and Startup Expansion (RISE) accelerator program?a)Support businesses in creating innovative technologiesb)Facilitate international collaborations in the Agritech fieldc)Provide financial support to startups and small businessesd)Focus on developing sustainable farming practicesCorrect answer is option 'B'. Can you explain this answer?.
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